Angola to Leverage Chinese Investment to Stimulate Oil Production
May 1st, 2024
Via Energy, Capital and Power, a look at Angola’s efforts to leverage Chinese investment to stimulate oil production: China’s state-owned China National Offshore Oil Corporation (CNOOC) is sending a team of senior executives to Angola to discuss investment opportunities in oil exploration. The move aligns with Angola’s target to increase production to 1.18 million barrels […]
Read more »Africa’s Energy Frontiers Draw Chinese Investors
February 28th, 2024
Via Energy, Capital, and Power, a look at Chinese investment interest in Africa’s energy potential: As the continent’s largest trading partner, China has played an active role in harnessing Africa’s energy resources and developing critical infrastructure to date. As the country seeks to secure future energy supplies – as well as foster regional diplomacy in […]
Read more »China’s CNOOC To Explore Tanzania’s Offshore Oil and Gas Fields
June 25th, 2023
Via Tanzania’s The Citizen, a report on Tanzania’s efforts to boost the development of its natural gas resources: Chinese state-owned offshore oil and gas company CNOOC, is planning to start offshore exploration with Tanzania Petroleum Development Corporation (TPDC) Energy Minister January Makamba told Bloomberg on Thursday. Tanzania is looking to boost the development of its […]
Read more »Uganda, Other African Nations Push for Fossil-Fuel Projects
February 25th, 2023
Courtesy of the Wall Street Journal, a report on Uganda’s and other African nations’ fossil fuel ambitions: A herd of elephants stomped through savannah grasslands to the throbbing sounds of bulldozers preparing oil wells that will soon start feeding a 900-mile pipeline from this wildlife and nature reserve. The $10 billion project has become a flashpoint […]
Read more »Guyana Sells $750M of Carbon Credit to US Oil Firm Hess
December 5th, 2022
Via Oil & Gas Daily, a report on the recent sale Guyana sells $750 mn of carbon credit to US oil firm Hess Guyana has sold $750 million worth of carbon credits to the US oil group Hess, which drills off the coast of the small South American country that is 89 percent virgin forest. President Irfaan […]
Read more »Uganda Confirms Mega Pipeline Project Despite European Criticism
September 20th, 2022
Via The Africa Report, an article on Uganda’s determination to proceed with an oil pipeline mega-project despite European criticism: Uganda’s President Yoweri Museveni announced on 16 September that the Lake Albert oil megaproject, planned with the French group TotalEnergies, would go ahead despite a European Parliament resolution criticising “human rights violations” against opponents. The project “will […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.